Banyan

Banks and FinTechs Say Receipt Data Powers More Personalized Rewards
Banks and FinTechs Say Receipt Data Powers More Personalized Rewards
March 20, 2023  |  Merchant Innovation

Financial institutions (FIs), FinTechs and merchants have set their sights on integrating item-level receipt data into their operations in the next three years. By doing...

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Banks Use Receipt Data to Drive More Targeted Sales to Merchants
Banks Use Receipt Data to Drive More Targeted Sales to Merchants
January 26, 2023  |  Digital-First Banking

Using data from receipts to personalize loyalty programs has great potential rewards for merchants, so long as they partner with financial firms ready for the...

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Firms Hope to Win With Receipt Data Solutions but Implementation Issues Abound
Firms Hope to Win With Receipt Data Solutions but Implementation Issues Abound
January 25, 2023  |  Innovation

Leveraging the full value of item-level receipt data in a simple, secure way enables financial institutions (FIs), FinTechs and merchants to provide the rich, seamless commerce...

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CFOs See Savings in Item-Level Data as Corporate Belt-Tightening Continues
CFOs See Savings in Item-Level Data as Corporate Belt-Tightening Continues
January 20, 2023  |  Spend Management

Non-payroll expenses are a drain on finance teams’ time and energy. Gathering, collecting and reconciling expenses are often laden with paper-based processes, chasing down receipts...

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Item-Level Data Gets Ready to Remake Loyalty and Personal Financial Management
Item-Level Data Gets Ready to Remake Loyalty and Personal Financial Management
December 13, 2022  |  Data

Item-level data is poised to bring a new level of impact and relevance to card-linked offers. The status quo of listing purchases as “general merchandise”...

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Report: Just 4% of Americans Demonstrate Basic Financial Literacy
Report: Just 4% of Americans Demonstrate Basic Financial Literacy
November 20, 2022  |  Personal Finance

Already low, financial literacy in America is on the decline, with many people unable to understand concepts such as inflation or compound interest. That’s according...

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Item-Level Data Helps Gen Zs Build Financial Literacy While Saving Money
Item-Level Data Helps Gen Zs Build Financial Literacy While Saving Money
November 08, 2022  |  Consumer Finance

Inflation is at multi-decade highs, forcing us to scrutinize where every dollar is going and how to stretch those dollars as far as possible. In...

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Where Today’s Receipt Data Falls Short for FIs and FinTechs
Where Today’s Receipt Data Falls Short for FIs and FinTechs
November 04, 2022  |  Data

“Receipt level data is the Holy Grail of data.” Wil Schobeiri, chief technology officer at Banyan, told PYMNTS that stock keeping unit (SKU)-level information —...

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How Banks and Merchants Can Drive Customer Digital Engagement
How Banks and Merchants Can Drive Customer Digital Engagement
October 24, 2022  |  Opinion

In an environment where consumers are tightening their belts and rethinking brand loyalty, item-level data can be key for retailers, Banyan founder and CEO Jehan Luth writes...

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